BetaPro Crude Valuation
| HOD Etf | CAD 6.98 0.11 1.60% |
At this time, the entity appears to be overvalued. BetaPro Crude Oil shows a prevailing Real Value of C$6.48 per share. The current price of the entity is C$6.98. Our model approximates the value of BetaPro Crude Oil from analyzing the entity fundamentals such as Price To Earning of 19.44 X, price to sales of 1.15 X, and Total Asset of 40.49 M as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that BetaPro Crude's price fluctuation is slightly risky at this time. Calculation of the real value of BetaPro Crude Oil is based on 3 months time horizon. Increasing BetaPro Crude's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since BetaPro Crude is currently traded on the exchange, buyers and sellers on that exchange determine the market value of BetaPro Etf. However, BetaPro Crude's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 6.98 | Real 6.48 | Hype 6.98 | Naive 7.06 |
The intrinsic value of BetaPro Crude's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence BetaPro Crude's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of BetaPro Crude Oil helps investors to forecast how BetaPro etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of BetaPro Crude more accurately as focusing exclusively on BetaPro Crude's fundamentals will not take into account other important factors: About BetaPro Crude Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of BetaPro Crude Oil. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of BetaPro Crude Oil based exclusively on its fundamental and basic technical indicators. By analyzing BetaPro Crude's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of BetaPro Crude's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of BetaPro Crude. We calculate exposure to BetaPro Crude's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of BetaPro Crude's related companies.The investment seeks to replicate two times the inverse of the daily performance, net of expenses, of the NYMEX light sweet crude oil futures contract for the next delivery month. BETAPRO CRUDE is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in BetaPro Etf
BetaPro Crude financial ratios help investors to determine whether BetaPro Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BetaPro with respect to the benefits of owning BetaPro Crude security.